No fud boy. The stock market is falling today. Down almost 200 points already. So don't make this into an Apple issue. Oh....lookie, Microsoft is down too...like pretty much everything.
As of writing, APPL is down 1.5% As of writing, the Nasdaq is down 1.5%
Hmm, those look EXACTLY THE SAME. Apple stock is not tanking by any measure (relative performance or percentage drop), the market is tanking.
Retro and Malikye do not understand that stocks generally follow the market and are to be judged according to their relative performance, and yet I, who understand this basic concept and pointed it out, was low ranked?
So Malikye, I failed epically because you don't understand the stock market? I'm just making sure we're on the same page here.
As of your post, AAPL has either kept up with or beaten the NASDAQ by percentage change today. A falling tide lowers all boats. Macro factors can easily trump micro factors (iTunes/activation policy fucking up) in an economy like this
Here's a little education for you: the stocks make up the MARKET!! The market contains the STOCKS! Got it? Also, yes the general market is down, because the STOCKS are down.
If you want to use the rest of the market as a comparison to whether the stock is tanking or not that is your opinion.
The reality is that if you paid ~$177 a share at closing yesterday, it's worth ~$173.50 a share now, and you lost money if you try to sell it. Comfort yourself with the fact that it's trending with the rest of the market all you want, but you still lost money.
There are 4000+ companies on the Nasdaq. Yet Apple is single-handedly driving the whole index down (and magically driving down the DOW and S&P 500, too)?
Hmm...odd...briefing.com doesn't even mention AAPL as a possible reason for the BROAD-BASED SELLING. They must be out of the loop, huh?
The fact is, when you posted that information about the stock tanking, you were dead wrong. Then you posted a link to the stock quote that showed the stock was down a "whopping" $2. If AAPL was a $10 stock, then that would be tanking. AAPL happens to be a $175 stock.
It's ok retro, we all make mistakes. We should admit it when we make them though.
Using the market as a comparison is not "an opinion." It is a well-established principle that you use the market to compare a stock or portfolio to.
If you say "Stock A is tumbling" when it is beating the market, anyone who knows anything about stocks is going to look at you like you are crazy.
A 1.5% drop is NOT tanking anyways. Stocks go up or down that amount DAILY. Tumbling implies that the stock is falling by a significant amount. Nvidia dropped 30% in one day recently - THAT is tanking/tumbling.
Apple's stock has had no noticeable reaction to this news and it is not tanking. Period. Retro was wrong.
maybe you meant to say "you're right"...I figured I'd go ahead and attack your grammar since you haven't said anything else of substance to refute.
@retro
I don't feel anything. I don't own Apple stock. Apple is slightly underperforming the market right now, but what does that have to do with you saying that it was tanking when it was not?
you said the "stock is tumbling"...that is present tense. This means that your wrongness cannot be changed by a future event.
According to you, I'm sure I'm still a moron. According to most other people, I don't think I would be considered a moron for pointing out that you were wrong about something. Instead of getting upset and defensive, you could accept that you were wrong and learn from it.
Tumbling, a verb, its still in motion. It started out in motion and it is continuing in motion. Keep 'em coming, this is fun and giving me something to do other than work for today.
Here is a fun grammar game to help you understand this.
"retro is failing."
Failing is a verb. Like your sentence earlier, it is in present tense. This means that retro may or may not be failing in the future, but as of RIGHT NOW he is failing. It is possible for retro to continue in his failing in the near or distant future, but to assume that it is implied in the sentence is incorrect.
Right now I expect you to keep failing, but it is not implied in my "retro is failing" comment. Momentum and previous experience tell me you will continue to fail, but I have not said that you would keep failing.
You are failing grammatically right now and apple was not tumbling when you said they were. If I were to say, "retro will fail"...that would apply to your future comments. If you were to say, "Apple's stock will tumble"...that would apply to the future of Apple's stock.
If you try to make the argument that Apple was tumbling when you said they were, their stock price was beating the market and it was down less than 1% when you posted. That is not tumbling.
Happy Friday to you as well. I hope you WILL have a nice weekend. MUAHAHAHA.
If nothing else, investors will ultimately care more about the fact that apple is selling phones hand over fist to such incredible demand. They don't care whether or not you activate it now or in a couple of hours or maybe a day from now. You spent your money, and are now in a 2-year contract to keep forking over money. What happens today, minute by minute, means absolutely nothing. 20 minutes ago, their stock was down $0.25 for the day. Now it's down $2.38. Short the stock if you're so sure it's going to plummet.
Scentedflame: Thank you for attacking me directly in a very unprofessional manner. You should direct your anger towards your own short comings to what is really making you mad: your bricked iPhone. You should expend some of your efforts into writing a short email to Apple Inc. Just dont try to use your iPhone, you know, since it's bricked.
I was mostly attacking everything you said, as almost none of it was true. I apologize if I offended you. You did call me a moron, which isn't exactly professional either.
Your last post made me realize that I have actually never purchased an Apple product. I'm sure I will one day, as they have some quality products. That means that no, I do not have an iPhone.
I'm also not angry. I was frustrated with your misrepresentation of Apple's stock activity, but never angry.
I'm not an Apple fanboy, but rather a stock market fanboy, so I felt compelled to point out that Apple was performing in a neutral manner following the news. I wouldn't care if AAPL dropped 35 points on Monday.
I admit I was a bit abrasive in the way I said things and that was unnecessary. I will not apologize for correcting you, however, and I stand by my arguments. I will also be sure not to try and use my non-existent, yet bricked iPhone.
So...sorry for the way I said things but you are still wrong.
Now that we've thrown 'em off the trail, use the form below to get in touch with the people at Engadget. Please fill in all of the required fields because they're required.
Fail. Stock tumbling.
Uh...nope
Apple is currently beating the market. How is that tumbling?
Doen $2.48 atm
Heres a link:
http://finance.google.com/finance?q=NASDAQ:AAPL
@Scentedflame
Epic Fail
No fud boy. The stock market is falling today. Down almost 200 points already. So don't make this into an Apple issue. Oh....lookie, Microsoft is down too...like pretty much everything.
The stock market is fail, /agree
Down over $3 now....ouch.
@ Malikye and retro and low rankers
As of writing, APPL is down 1.5%
As of writing, the Nasdaq is down 1.5%
Hmm, those look EXACTLY THE SAME. Apple stock is not tanking by any measure (relative performance or percentage drop), the market is tanking.
Retro and Malikye do not understand that stocks generally follow the market and are to be judged according to their relative performance, and yet I, who understand this basic concept and pointed it out, was low ranked?
So Malikye, I failed epically because you don't understand the stock market? I'm just making sure we're on the same page here.
As of your post, AAPL has either kept up with or beaten the NASDAQ by percentage change today. A falling tide lowers all boats. Macro factors can easily trump micro factors (iTunes/activation policy fucking up) in an economy like this
Here's a little education for you: the stocks make up the MARKET!! The market contains the STOCKS! Got it? Also, yes the general market is down, because the STOCKS are down.
If you want to use the rest of the market as a comparison to whether the stock is tanking or not that is your opinion.
The reality is that if you paid ~$177 a share at closing yesterday, it's worth ~$173.50 a share now, and you lost money if you try to sell it. Comfort yourself with the fact that it's trending with the rest of the market all you want, but you still lost money.
Retro,
There are 4000+ companies on the Nasdaq. Yet Apple is single-handedly driving the whole index down (and magically driving down the DOW and S&P 500, too)?
http://www.briefing.com/Investor/Public/MarketSnapshot/StockMarketUpdate.htm
Hmm...odd...briefing.com doesn't even mention AAPL as a possible reason for the BROAD-BASED SELLING. They must be out of the loop, huh?
The fact is, when you posted that information about the stock tanking, you were dead wrong. Then you posted a link to the stock quote that showed the stock was down a "whopping" $2. If AAPL was a $10 stock, then that would be tanking. AAPL happens to be a $175 stock.
It's ok retro, we all make mistakes. We should admit it when we make them though.
Ok Troll: I never said apple was responsible for the whole stock market diving.
Are you really hung up on the interpretation of the word tumbling? Should I have used falling, diving, sliding or failing instead?
Glad I pulled my money out of the market earlier.
Using the market as a comparison is not "an opinion." It is a well-established principle that you use the market to compare a stock or portfolio to.
If you say "Stock A is tumbling" when it is beating the market, anyone who knows anything about stocks is going to look at you like you are crazy.
A 1.5% drop is NOT tanking anyways. Stocks go up or down that amount DAILY. Tumbling implies that the stock is falling by a significant amount. Nvidia dropped 30% in one day recently - THAT is tanking/tumbling.
Apple's stock has had no noticeable reaction to this news and it is not tanking. Period. Retro was wrong.
@ Scentedflame
haha, epic failed...again
Retro, you are a dumbass. :)
@ Malikye
Do you think that your cliche internet one-liners are so powerful that they can defeat basic logic?
let me try...
Malikye = teh fail.
Wow! That is so easy and effective. I think I'll just say that repeatedly to show off my intellectual prowess.
for the record, i agree that "Malikye" and "retro77" are morons.
you know... for the record.
How's that -4.95/share feeling? Still a moron?
@Scentedflame & Jeff
haha, both epic fail
Scentedflame, your right, it is easy to make one-liners
@ Malikye
"Your right"
My right? Since when did I own "right"...?
maybe you meant to say "you're right"...I figured I'd go ahead and attack your grammar since you haven't said anything else of substance to refute.
@retro
I don't feel anything. I don't own Apple stock. Apple is slightly underperforming the market right now, but what does that have to do with you saying that it was tanking when it was not?
you said the "stock is tumbling"...that is present tense. This means that your wrongness cannot be changed by a future event.
According to you, I'm sure I'm still a moron. According to most other people, I don't think I would be considered a moron for pointing out that you were wrong about something. Instead of getting upset and defensive, you could accept that you were wrong and learn from it.
Tumbling, a verb, its still in motion. It started out in motion and it is continuing in motion. Keep 'em coming, this is fun and giving me something to do other than work for today.
HAPPY FRIDAY!!!!
I would love to check the stock, but my 1st gen Iphone is bricked :( I AM LIVING IN THE 1980's WITH NO CELL :(
Did you miss that whole present tense bit?
Here is a fun grammar game to help you understand this.
"retro is failing."
Failing is a verb. Like your sentence earlier, it is in present tense. This means that retro may or may not be failing in the future, but as of RIGHT NOW he is failing. It is possible for retro to continue in his failing in the near or distant future, but to assume that it is implied in the sentence is incorrect.
Right now I expect you to keep failing, but it is not implied in my "retro is failing" comment. Momentum and previous experience tell me you will continue to fail, but I have not said that you would keep failing.
You are failing grammatically right now and apple was not tumbling when you said they were. If I were to say, "retro will fail"...that would apply to your future comments. If you were to say, "Apple's stock will tumble"...that would apply to the future of Apple's stock.
If you try to make the argument that Apple was tumbling when you said they were, their stock price was beating the market and it was down less than 1% when you posted. That is not tumbling.
Happy Friday to you as well. I hope you WILL have a nice weekend. MUAHAHAHA.
I see the stock is almost at the opening price. Grats!!! Its UNTUMBLING!!!! lol
If nothing else, investors will ultimately care more about the fact that apple is selling phones hand over fist to such incredible demand. They don't care whether or not you activate it now or in a couple of hours or maybe a day from now. You spent your money, and are now in a 2-year contract to keep forking over money. What happens today, minute by minute, means absolutely nothing. 20 minutes ago, their stock was down $0.25 for the day. Now it's down $2.38. Short the stock if you're so sure it's going to plummet.
Scentedflame: Thank you for attacking me directly in a very unprofessional manner. You should direct your anger towards your own short comings to what is really making you mad: your bricked iPhone. You should expend some of your efforts into writing a short email to Apple Inc. Just dont try to use your iPhone, you know, since it's bricked.
Have a nice weekend.
@ Retro,
I was mostly attacking everything you said, as almost none of it was true. I apologize if I offended you. You did call me a moron, which isn't exactly professional either.
Your last post made me realize that I have actually never purchased an Apple product. I'm sure I will one day, as they have some quality products. That means that no, I do not have an iPhone.
I'm also not angry. I was frustrated with your misrepresentation of Apple's stock activity, but never angry.
I'm not an Apple fanboy, but rather a stock market fanboy, so I felt compelled to point out that Apple was performing in a neutral manner following the news. I wouldn't care if AAPL dropped 35 points on Monday.
I admit I was a bit abrasive in the way I said things and that was unnecessary. I will not apologize for correcting you, however, and I stand by my arguments. I will also be sure not to try and use my non-existent, yet bricked iPhone.
So...sorry for the way I said things but you are still wrong.